yep... he has been more right than wrong....on a few things i should have listened too!
BRDY has been talked about as an RTO candidate for year(s) and traded up all the way to 3p i think last year .... and then fell as there was a large seller to sub 1p.... ie the gyrations in the stock price did not predict the news for BRDY...however the 2 other candidates for rtos are PIRI and RLH.... PIRI actually has assets......
"While the Company continues to look for reverse takeover transactions, it is also looking to take advantage of opportunities to seed transactions at a pre-IPO stage with the intention of incubating them to come to market in a way which will enhance the value of Pires initial holding. We have made one such investment, at this stage on a small scale, in a shale oil project."
Do you lot think this means we are more likely to undertake a RTO with the mentioned company, or does it mean we are less likely to with this company having already invested?
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